Meghna Petroleum declares 200% cash dividend

By Star Business Desk

Meghna Petroleum Limited has announced a 200 percent cash dividend for the year 2025.

The announcement was made at the company’s 47th annual general meeting (AGM), which was held virtually yesterday, according to a press release.

Farzana Momtaz, secretary to the Power Division and chairman of Meghna Petroleum Limited, presided over the meeting, which was attended virtually by a large number of shareholders from across the country. The company reported a profit after tax of Tk 664.32 crore, while its earnings per share (EPS) stood at Tk 61.39 for the financial year (FY) 2024-25.

Ummul Hasna and Md Abdullah Al Mamun, independent directors of the company; Md Ziaul Haque, additional secretary of the Energy and Mineral Resources Division and director; Rawnak Jahan, joint secretary of the Finance Division and director; and Naznin Parvin, joint secretary and director (finance) of Bangladesh Petroleum Corporation (BPC), attended the meeting.

Among others, Md Ali Ahmed Shawkat Chowdhury, professor at Bangladesh University of Engineering and Technology (BUET); Zeyad Rahman, shareholder director and representative of Delta Life Insurance PLC; Md Shahirul Hasan, managing director; and Farhana Akter, company secretary, also joined the meeting.